Innovation Projects Competition & New Idea (Suggestion) Reward System Training
A 1-day hands-on training designed for companies that want to turn innovation into a permanent system within their organizations. The program covers how to build structures in which ideas and suggestions coming from employees are collected, evaluated and rewarded, under two main headings: (1) an Innovation Projects Competition covering all departments of the organization and its reward process, (2) a New Idea (Suggestion) Collection and Reward System within the organization. The training conveys the process steps together with implementation examples: defining evaluation criteria and application categories, the application report format, forming an in-house jury and committee, the process calendar and announcement, presentations to the jury and scoring, the recognition and award day held by top management, setting up written and/or online application systems, calculating award groups and financial (monetary) award amounts, tracking ideas, and standardizing the system so that it is repeated every year.
Benefits for Your Organization
- Transforms scattered ideas and suggestions into a repeatable and standardized innovation system based on written criteria.
- Increases employee motivation and participation; makes contributions from all departments visible.
- Strengthens the innovation process, increasing the number of projects that turn into positive business results.
- Ensures fair and transparent evaluation: objective decision-making through categories, criteria, scoring and an in-house jury structure.
- Clarifies the reward logic; provides a method for calculating financial (monetary) award amounts.
- Raises the implementation rate of suggestions by tracking ideas and prevents ideas from getting lost.
- Makes the innovation culture visible and sustainable within the company through recognition and rewards given by top management.
- Provides time and workforce efficiency in process management with a written/online application infrastructure.
Who Is It For?
Managers and employees who want to establish and develop an Innovation Projects Competition and a New Idea (Suggestion) Reward System in their organizations.
Duration: 1 Day — We are ready for enthusiastic collaborations…
